Indonesia is proving to be a country with solid economic growth. Its local textile industry is a dominant force in a broad competitive recovery, and Italian machinery manufacturers are looking to consolidate their presence by participating in the "Sistema Italia" mission, which will take place May 6-8. The program is put together by ICE- the Italian Trade Promotion Agency, which promotes the internationalization of Italian businesses.

The mission will include meetings and thematic seminars, and is particularly relevant for Italy's textile machinery sector. Indonesia's local textile industry has grown in recent years, thanks especially to a state program sector relaunch that provided incentives for the acquisition of new machinery (roughly 75% of existing machinery in Indonesia has been in operation for more than 10 years). According to the Indonesian Ministry of Industry, 670 textile manufacturers benefitted from this program during the period from 2007/11. As a result, the demand for textile machinery in Indonesia has grown.

In 2012, Italy exported $50 million of textile machinery to Indonesia– a 30% increase compared to the previous year. Only China, India, and Bangladesh surpass Indonesia among major Asian markets. Indonesian demand for Italian machinery mainly focuses on finishing machines (35% of the total), followed by weaving machines (32%).

"Indonesia is one of our fastest-growing markets for the textile machinery builders," said Sandro Salmoiraghi, president of ACIMIT. "We believe this mission will provide a further opportunity to strengthen the close ties that already link Indonesian textile manufacturers with Italian textile machinery companies."

Souce: ACIMIT